Beijing Utour International Travel Service Co, one of China's top outbound travel agencies, announced on Monday it is buying 100 percent of the wholesale travel operator Huayuan MNB for 2.6 billion yuan($397.5million).
China Life Insurance Co Ltd gained 3.97 percent to close at 20.67 yuan ($3.16) per share on Tuesday, following an agreement to buy a 23.686 percent stake in China Guangfa Bank Co Ltd.
Report says six leading banks will take part in trial program
German machine builder Manz AG announced plans to sell at least a 29.9 percent stake to Shanghai Electric Group Co, with the possibility of a full takeover, as the Apple Inc supplier restructures its operations and seeks to raise funds.
Some analysts blame market concerns over registration system for initial public offerings
More shareholders in Jumei International Holding Ltd, the Chinese online beauty product retailer, are joining ranks in opposing the company's delisting in the United States, claiming the share buyback is being priced unfairly low.
Bogged do in billions in NPL, lenders outsource the recovery function to external agencies
To tap into the growing demand for healthcare and medical services, bankcard associations and payment services providers have recently launched a wide range of services and prestige packages for consumers, throwing in perks such as better access to hospitals, dentists and skin clinics, getting priority in postpartum care centers, and getting fast-tracked when making appointments with doctors in top hospitals.
China's asset management companies or AMCs are stepping up efforts to deal with bad assets of non-financial corporations.
A-share market set to reinforce its record of celebrating positive news promptly with a surge in coming weeks
Despite heavy issuances last year, Panda Bonds, or renminbi-denominated bonds issued by companies incorporated overseas, have to overcome several hurdles to grow in a sustainable manner, ratings agencies and investment bankers have said.
I have now lived in China longer than it took to get my bachelor's degree. While no one is going to confuse me with any of my Chinese colleagues or friends, the experience has definitely made a difference in my daily routine and how I see the world. In my estimation, it has been a positive change.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
